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Thursday, May 8, 2025

Georgetown home prices rise in 2017

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The median sale price of a home sold in 2017 in Georgetown rose by $2,450 while total sales increased by 38.6%, according to BlockShopper.com.

From January through December of 2017, there were 61 homes sold, with a median sale price of $44,000 - a 5.9% increase over the $41,550 median sale price for the previous year. There were 44 homes sold in Georgetown in 2016.

The median sales tax in Georgetown for the most recent year with available data, 2016, was $987, approximately 2.2% of the median home sale price for 2017.

The following table compares Georgetown to other Vermilion County cities with similar median sales prices in 2017:

CityJan. - Dec. 2017 Home SalesJan. - Dec. 2016 Home Sales% change (Total Home Sales)Jan. - Dec. 2017 Median Sales PriceJan. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Sidell8714.3%$61,000$18,000238.9%
Westville564427.3%$56,850$59,000-3.6%
Rossville211910.5%$54,000$38,00042.1%
Henning45-20%$51,500$25,000106%
Olivet10825%$50,500$32,00057.8%
Georgetown614438.6%$44,000$41,5505.9%
Hoopeston77744.1%$42,000$42,750-1.8%
Tilton3944-11.4%$40,000$50,000-20%
Danville4324183.3%$40,000$43,950-9%
Potomac11922.2%$35,000$47,000-25.5%
Belgium41300%$31,000$25,00024%

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